MSc in Real Estate – Distance Learning

Program Overview

The MSc in Real Estate at the University of Limassol offers a comprehensive exploration of the property sector, blending academic rigor with practical insight. The program covers key areas such as property valuation, investment analysis, real estate development, marketing, and sustainability, and is structured to reflect the complexities of today’s real estate markets, both locally and internationally. Students can choose between two distinct tracks: one designed for those aiming to become real estate professionals, such as agents, investment consultants, or analysts, and another tailored for those pursuing a career in property valuation. Taught by experienced academics and industry professionals, the program equips students with the analytical and strategic skills required for success in a range of roles. Flexible learning formats support working professionals.
The University of Limassol faculty team of the
  MSc in Real Estate – Distance Learning  program includes: Click here ↗ to learn more.
ℹ️ The program is nationally accredited by CYQAA and recognized by KYSATS.

Mode of Delivery

Distance Learning

Language of Study:

English

Flyer (PDF)

Admissions Requirements

  1. Bachelor’s degree from an accredited program. In terms of GPA, we expect 2:2 and above from UK schools, 3.0 and above from US schools, and 6.5 and above or the equivalent from Cypriot and Greek Universities and colleges. Candidates with a lower grade than the above, might be admitted if they have compensatory strengths in terms of work experience or other accomplishments (for example, CFA, ACCA, or ACA).
  2. Native speaker of English or graduate of a high school or university where the language of instruction is English, or IELTS with a score of at least 5.0, or TOEFL with a score of at least 250 (computerized) or 550 (conventional), or Password-plus 5.5.
  3. Satisfactory quantitative skills as evidenced by the quantitative courses they have taken during their Bachelor’s degree study.
  4. A personal interview is an integral part of the selection process. The interview and documents providing evidence of the above qualifications are used as the basis for evaluating candidates. In cases where applicants have graduated from unfamiliar programs or universities, a GRE/GMAT examination score may be required.

Program Learning Outcomes

  1. The in-depth and comprehensive understanding of the real estate principles, theories, practices, and techniques in the scientific field areas of real estate economics, finance and investments, real estate valuations, law and ethics, construction and sustainability, urban planning, real estate marketing and sales, etc.
  2. Advance students’ professional development for a successful career in the real estate industry in two tracks: i) real estate valuation, and ii) real estate agency and management.
  3. Students will be provided with an updated knowledge of the real estate market trends, excellence in valuation methods and techniques, current regulations, and best practices of the internal and global built environment.
  4. Develop their analytical and critical thinking skills necessary for the evaluation of real estate markets, the identification of investment opportunities and the assessment of real estate performance.
  5. Educate students regarding the ethical and legal frameworks in order to promote transparency and integrity to the real estate industry.
  6. Foster interdisciplinary approach by incorporating together cognitive fields economics, law, urban planning, architecture, environmental studies, finance, and marketing into the curriculum, reflecting the interconnected nature of real estate with other disciplines.
  7. Advance students’ research skills by encouraging their academic inquiry through assignments, projects, and thesis requirements, enabling them to contribute to the advancement of knowledge within real estate.
  8. Provide networking opportunities with industry professionals, alumni, and organizations through industry events, guest lectures, industry conferences, and alumni events, facilitating career development and job placement.

Program Requirements

The European Credit Transfer and Accumulation System (ECTS in short) is a tool of the European Higher Education Area for making studies and courses more transparent. It helps students to move between countries and to have their academic qualifications and study periods abroad recognized. The credits below are based on the ECTS.

To graduate, students are required to earn 90 credits as follows:

  • 45 credits from core courses
  • 22.5 credits from track courses
  • 22.5 credits from Master Thesis

Core Courses

First Year - 1st semester

1. REC601 – Real Estate Economics and Market Analysis
Contact Hours: 35 Credits: 7.5

2. REC602 – Real Estate Law and Ethics
Contact Hours: 35 Credits: 7.5

3. REC603 – Research Methods
Contact Hours: 35 Credits: 7.5

4. REC604 – Principles in Real Estate Valuation
Contact Hours: 35 Credits: 7.5

First Year - 2nd semester

1.REC605 – Construction and Sustainable Buildings
Contact Hours: 35 Credits: 7.5

2. REC606 – Real Estate Development and Planning
Contact Hours: 35 Credits: 7.5

ℹ️3. #Track/ Elective
Contact Hours: 35 Credits: 7.5

ℹ️4. #Track/ Elective
Contact Hours: 35 Credits: 7.5

ℹ️ Information: Students must choose one of the two Tracks.
Track A:
Agency and Real Estate Management.
Track B: Real Estate Valuation
Second Year - 1st semester

ℹ️1. #Track/ Elective
Contact Hours: 35 Credits: 7.5

2. REC800 – Thesis Preparation
Contact Hours: 35 Credits: 2.5

3. REC801 – Thesis Submission
Credits: 20

ℹ️ Note: Students will attend either REM703 or REV703, depending on the track selected.

Tracks

A. Agency and Real Estate Management

First Year – 2nd semester

1. REM701 – Agency and Real Estate Management
Contact Hours: 35 Credits: 7.5

2. REM702 – Real Estate Marketing and Sales
Contact Hours: 35 Credits: 7.5

Second Year – 1st semester

3. REM703 – Finance and Portfolio Management
Contact Hours: 35 Credits: 7.5

B. Real Estate Valuation

First Year – 2nd semester

1. REV701 – Residential Property Analysis and Valuation
Contact Hours: 35 Credits: 7.5

2. REV702 – Income Property Analysis and Valuation
Contact Hours: 35 Credits: 7.5

Second Year – 1st semester

3. REV703 – Advanced Valuation
Contact Hours: 35 Credits: 7.5

Instructors

Program Director

Professor